Waaree Renewable Technologies Limited has formally announced the resignation of Mr. Dilip Panjwani as the company’s Chief Financial Officer (CFO). In a letter dated January 7, 2025, Mr. Panjwani expressed his decision to step down due to personal reasons. His resignation will be effective from the close of business hours on January 31, 2025.
The company emphasized that there are no other material reasons for his resignation other than those stated. Mr. Panjwani’s resignation comes after a period of valuable service at the company, where he contributed to the growth and financial oversight of Waaree Renewable Technologies.
In line with the disclosure requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has submitted the resignation letter and other necessary documents to the stock exchanges. This includes detailed information regarding the resignation, effective date, and confirmation of no material reasons behind the decision.
Waaree Renewable Technologies has acknowledged Mr. Panjwani’s contributions and expressed their gratitude for his efforts during his tenure. The company is now expected to begin the process of identifying a successor for the role of CFO.
